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54 sats \ 0 replies \ @028559d218 1h \ on: Manufacturing was already coming back charts_and_numbers
The administration is incapable of differentiating between... manufacturing output and manufacturing employment.
Output has been going up and up... until around 2018 when it peaked.
I wish someone would ask the administration 'hey so if we have a factory with ALL robots'... that produces tons of stuff but with few workers is that what we want?
They never say if 'bringing back manufacturing' refers to people or just making stuff because one doesn't necessarily mean the other.
The other thing they never say is if the new 'manufacturing jobs' pay well. For it to pay well, workers need training and lots of it and... where is it?
Use Bitcoin when you can. But in my experience... the world will adopt it when it's ready to.
I've done the same, paid for coffee, pizza, beer... a few years ago I wanted to buy some tacos from a place on BTC map and when I wanted to 'pay in the Bitcoin' the employee just laughed at me. They had the payment terminal on an ipad...
But they absolutely couldn't care less, 'it didn't work', and the tacos sucked anyway.
Something I figured I would write on... is how Bitcoin is still "high-powered money" and therefore better for services rather than goods.
Services... includes ideas, innovation, and trust maximization. Like Pay-2-Post. And maybe that's why greater value exchange will happen on Stacker through services... than buying a taco to immediately consume and have it come out the other end.
We can use fiat for that...
Stacker News didn't exist a few years ago. Nostr didn't either.
Nor did Zeus, nor did Phoenix, neither did LNaddresses or Bolt 12...
My opinion is that these things take time.
The 'man on the street' knows basically nothing about Bitcoin, just try asking the Uber driver if he 'takes Lightning'.
He just looks confused/unsure.
Then read articles in the newspapers and read the comments #908760
Basically zero knowledge about what Bitcoin is, and less than zero about Lightning.
What doesn't stop is the debt and deficits accumulated by governments... not to mention the political weaponization or mismanagement. Bitcoin will be here when people are really ready for it.
We're... using it right now dude.
Stacker News is a PoW - inspired antispam system.
It's pay to post. What are we paying in? Sats.
Just because it's not a coffee doesn't mean Bitcoin isn't filtering out tons of spam and low effort... we're sending sats back and forth all the time.
True.
My take away from the articles though... is that 'gold bonds the yen and franc' are considered the safe haven.
I know right? It doesn't make any sense...
I saw the article about the US wanting Europe to 'go its own way' and 'pay its own way' on defense... so they are.
They want to make their own weapons. Now the Trump administration is surprised?
They think that the trade should be 'equal'... in other words the same number of imports and exports between the US and each individual country.... "balanced."
However this doesn't include services... and how exactly is a 'poor' country going to buy as much from the US as the US (a rich country) buys?
Her efforts underscore the disruption the Bitcoin mining sector faces after Trump’s tariff announcement. The industry is caught in the middle of Trump’s trade war, with many of the largest miners based in the US and the supply chain rooted in Asia. Miners use specialized computers to solve mathematical puzzles for a chance to verify transactions and earn rewards in Bitcoin.
You mean it's more expensive for miners to hoard equipment in the US? Awww that's a damn shame...
What is Foundry going to do?
Rome wasn't built in a day. The people selling Bitcoin, I'm convinced, have never actually used it before....
People have to experience it to get it.
In my opinion Mr Trump is an idiot. I don't think it's 4d chess or something like that... as a matter of fact I believe his policies will have the opposite effect of what he thinks they'll do.
He should know better.
How and why anyone would trust the United States, must less the US Dollar at this point is honestly beyond me.
Tried earlier... to buy some sats to post on the board however....
It said payment route couldn't be found. Tried 2 different wallets too.
Is your infrastructure down by any chance?